Binance and SEC Seek Pause in Legal Proceedings Amid Changing Crypto Regulations

Reported about 8 hours ago

Binance and the U.S. Securities and Exchange Commission (SEC) have jointly requested a temporary halt in the SEC's lawsuit against the cryptocurrency exchange, highlighting a potential shift in regulatory stance under new leadership. Citing the formation of a new task force aimed at developing crypto regulations, both parties believe this pause could lead to a resolution of the case. This move represents a notable retreat from the previous aggressive enforcement policies and aligns with President Trump's goal of positioning the U.S. as a leader in the cryptocurrency industry.

Source: YAHOO

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